Corporate Announcement
Security Code : 505790    Company : SCHAEFFLER    
 
FAG Bearings India announces FY-02 results 
  Exchange Disseminated Time     
FAG Bearings India Ltd has posted a Net Profit of Rs 57.90 million for the quarter ended December 31, 2002 (Q4-02) as compared to Rs 19.70 million for the quarter ended December 31, 2001 (Q4-01). Total Income has increased from Rs 557.80 million in Q4-01 to Rs 698.50 million in Q4-02.

The Company has posted a Net Profit of Rs 197.70 million for the year ended December 31, 2002 (FY-02) as compared to Rs 150.20 million for the year ended December 31, 2001 (FY-01). Total Income has increased from Rs 2279.10 million in FY-01 to Rs 2484.80 million in FY-02.
 

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